Potential sells for EURUSD early next weekEU has been bullish the last 3 days but shows signs of a potential reversal.
EU has provided a strong reaction from the daily decisional supply zone.
AMD has formed and we are starting to get a pullback for entries.
Appears like liquidity creation to induce price to come into supply and take out the 15m FVG before reversing.
In terms of HTF EOF, if the 4H low goes, then the 0.96681 low will be targeted next.
Structure
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- According to the analysis we gave the previous day, the AUDUSD DOWN SIDE WAVE has been DOWN about 60++ PIPS. We hope you get it anyway. It is still moving DOWN SIDE as we have given.
- Currently the MARKET SENTIMENT for AUD is on the DOWN SIDE. There is currently a DOWNSIDE BIAS for AUDUSD due to RISK OFF. The main reason for that is because of MARKET RISK OFF, STOCKS and COMMODITIES MARKETS are currently going down a bit. It is heavily influenced by the Australian dollar.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go down to 0.6364 LEVEL. And after that, AUDUSD can be BUY to the 0.6766 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. For that, the MARKET STRUCTURE should be BREAKED..
GBPCAD I Structure Trade I Short from Resistance 200 PipsWelcome back! Let me know your thoughts in the comments!
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EURCAD Potential Long Breakout then Short from ResistanceWelcome back! Let me know your thoughts in the comments!
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AUDNZD Buy from Support +70 PipsWelcome back! Let me know your thoughts in the comments!
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GBPUSD : Current Situation & Technical , Fundamental View#GBPUSD
- Currently the MARKET SENTIMENT for GBPUSD is on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be DOWN due to MARKET RISK OFF. It affects the POUND greatly. GBPUSD may be slightly UP after this DOWN.
- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a good DOWN SIDE BIAS in the MARKET for USD. But GBPUSD can go down till 1.0325 LEVEL.
And after that the market can go UP, GBPUSD can be BUY to the 1.1750 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.
Weekend analysis for EURUSD, can we see a pullback now?EU is extremely bearish but could it be time for a pullback? No confirmation yet, but maybe we get one after the market opens.
I just finished my weekend analysis video and figured I would share my 4H chart.
After pushing down so low, there is no more liquidity to take? How about a pullback now? We are in daily/weekly demand so, it wouldn't surprise me if we see some sort of reaction from here.
If we get a pullback, then areas to watch reactions from are marked on the chart. But the reversal plays will be more interesting to go and take out the lows again.
To see all my thoughts on why we could see a pullback, check out my latest Youtube video.
Bullish/bear idea Market looks bearish at the moment monthly and weekly candle are red .
So I’m watching the daily for sells and possibly buys .
I will take a sell with 1% risk to gain 3% if price breaks below 18,719 and I will take buys if price breaks above 19,622 with 1% and to try to gain 3% I’m giving this setup 24hrs to try to play out. If nothing happens I will simply reanalyze .
BTC Possible bounce at fib level then C wave to 23kBTC can now touch the fib levels below and then bounce to the upside, if the fib levels don't hold, then price may again retest our support down at 19k-18k region, which would be a sign of weakness and the trend may continue to the downside, entering the 17k-16k area. Main targets are 15k-14k, but not excluding even further possible downside to around 10k region which has a slightly lower likelyhood.
Weekend analysis for EURUSD >> BullishJust finished my weekend analysis video and figured I would share my 4H chart.
Following the drive up on Friday, creating a near perfect accumulation schematic, I am very bullish on EU next week.
But only until Wednesday as FOMC could cause price to go either way following the int rate hike announcement.
First target is 4H imbalance & 4H supply. If supply breaks, then 2nd target is daily supply.
I have this idea, after seeing what happened with CPI, if the Fed sticks with the expected 75 bp, it could cause complete disappointment and DXY to continue to the downside. But its just a theory and we will have to wait and see to what extent the the Fed increases the int rates and how the market reacts to it.
SP500 INDEX PERSONAL ANALYSIS IN THE SHORT TERM (REVERSAL!)Overall evaluation of the SP500 is bearish within a 1-2Y time frame mini trend, but not on the grand picture. Greetings everyone, we dumped very hard this past few days but this is a sign of a potential reversal. The fact that the candle closed as a DRAGONFLY DOJI , this is a warning for all shorters to consider that the bulls are now entering the market. The proper way to trade this signal is to wait for confirmation on the next daily candle, but seeing as how
it is a text-book perfect dragonfly doji on any manual you can find, this is especially stronger in a daily time frame.
We will probably get rejected again on the moving averages after this mini-trend change. The catalyst for the mini dump we had today was a negative sentiment report from U.S. Michigan.
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TIP:
SP500 also had a reverse hammer on the hourly charts followed by a green candle -- also called as a bullish harami.
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PROBABLE SWING OF EURUSD INTO 1.0140 PRICE LEVELAnticipating a buy around current price level on the EURUSD.
Price may tap into the lower regions of 0.99400 price area before the push up into the highs.
I will be looking for confirmations of the buy through candle stick patterns and formations around the current region
and also will be paying attention to liquidity.
Trade cautiously! This is for educational purposes. Past performances doesn't guarantee future results!
AUDJPY It will go up from support Welcome back! Let me know your thoughts in the comments!
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Potential Right HereHi everyone,
In my last post, I talked about the way BTCUSDT will pull back in an aggressive manner, which it did (link down below).
Right now, we are resting on previous short-term highs which I explained in my last post too that we might be in a potential buy area. However, looking at how price treats this level, I think we might see some new lows after a short-term pullback to the upside.
First, we crossed the 0.618 Fib level, and we almost touched the 0.786 level, which is touched when the trend is weakening.
Second, the price is consolidating at this level which usually means a breakout to the downside.
The only factor that shows a small short-term upward momentum is the structure of the price where it took the liquidity below the last low formed.
In conclusion, I think we might be forming a sort of pattern or consolidation on a higher time frame because, as I said in my last posts, the higher time frame shows some strong bullish factors like the shift in market structure.
Please comment if you have any questions, I will try my best to answer them.
Thank you😊
SOLANA PERSONAL ANALYSIS IN THE LONG TERM (EVENTUAL REJECTION!)The total evaluation for the Solana asset is bearish. Please be mindful that such price movements are subject towards closely to the US Indexes as well as any other major fundamentals in the economy. The SP500 and the NASDAQ are very close to their monthly resistances trendline and have a huge potential to breakdown even further. We can only push as far as 45$ in this degree with BTC having a maximum push towards 24,200$ -- no more than that I'm afraid. If for example we did have prices above 24,200 -- this is supported with low volume and bearish divergences which cannot be maintained overtime.
My suggestion and recommendation is to long for the short term only to consider short ultimately at a respectable end. I see a macro-consolidation for Solana with continuous lower highs and higher lows, risk management is crucial.
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EURUSD - Explanation AnalysisHi Everyone, here is my analysis and explanation on the move you have seen in EURUSD after the CPI news yesterday. #EURUSD #CPI
Key indications of a potential bearish (#bearish) move:
- Overall market structure is moving down
- Market has been creating new lower highs and new lower lows
- Market was trading below key levels in the market, which is expected to tap into those and bounce off quickly to the down side.
Technical Analysis:
We can see that price had rejected on the key level at the top, highlighted by the green box - around 1.0185
In this case, I have looked for the most recent order block, which is highlighted by the red box, around 1.0085
We can see in this case that the market was creating some liquidity just above the order block, which shows a highly probable chance of price coming back down to clear that liquidity and collect orders placed on the order block.
So, that's the indication #1 that price would have to come down.
The liquidity created is indicated by the white trend line.
Indication #2 - Price was failing to break above the key level around 1.0185 and it is likely that a move down would follow to be able to collect more buyers to try and break that level. So, again, the #structure was indicating that it needed a move to the down side.
Indication #3 - if we look at the RSI (#RSI) it is indicating that the market is overbought (#overbought) which shows adds to the confluences above, increasing the probability of a next move down.
I hope you can spot these indications next time the market creates similar structures and you can place your trades on the right side of the move.
If you have any questions or need any help, please leave it in the comments below!
Thanks,
Gaspar_Trader